Commercial for Sale: 224 Main Street, Bar Harbor, ME 04609

$2,000,000
$2,000,000
224 Main Street, Bar Harbor, ME 04609
$2,000,000
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Price:
$2,000,000

Type Commercial
Square Feet 6,091 sqft
Lot Size 0.09 acres
Year Built 1900
Taxes Paid $6,933

City Bar Harbor
County Hancock

MLS 1587913
Status Active
DOM 204 days
Downtown commercial real estate on a corner lot could be split up to make two lots, one with the duplex (a 5-bed/2 bath upstairs unit with views of the Village Green, and a 2-bed/1.5 bath flat on the first floor), and the other half is the former site of a popular deli, now a detached garage with one empty bay, and some remaining infrastructure from the commercial kitchen with washable walls, tile floors, updated electrical, and a water/sewer connection with grease interceptor. Zoning permits ALL bed-and-breakfasts and retail uses, restaurants and bars, galleries, artist studios, office buildings, a bonus dwelling unit, shared accommodations without parking requirements, and more. Investments could include adding more dwelling units to the existing duplex, and pursuing new construction or renovating the other half of the property for commercial purposes (it has the garage/kitchen plus appx. 450' sq ft of recreation space / vacant land abutting Main St). Or consider dividing and keep one half, sell the other half. This site offers guaranteed foot traffic with sixty feet frontage on Main, and sixty-five feet frontage on Atlantic. The area is surrounded by street parking and stable long term enterprises. The property has three private parking spaces behind the duplex and the available spot in the empty garage bay. One possibility is to expand up, adding more dwelling units above the garage.

Room Features

Basement Description Full, Unfinished

Virtual Tours for 224 Main Street

Lot & Building Features

Cooling Heat Pump
Tax Year 2023
Taxes Paid $6,933

Price History of 224 Main Street

Date Name Price Difference
05/05/2024 Listing Price $2,000,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$1,800,000
$299 / sqft
Average
$1,800,000
$299 / sqft
High
$1,800,000
$299 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Bar Harbor 04609 0 0.0 $2,000,000 6,091 $328 N/A
8 Cottage Street Bar Harbor 04609 0 0.0 $1,800,000 6,029 $299 09/11/2024

Map of 224 Main Street, Bar Harbor, ME

Location Map Street View
Photo of Frances Buck
Direct: 603-427-3328
Office
55 Congress St Suite A
Portsmouth, NH 03801
603-431-1100
Listed by Lynam Real Estate Agency, Peter Collier 207-288-3334
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0.34665%
6.75%
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224 Main Street (MLS #1587913) is a commercial listing located in Bar Harbor, ME. This commercial listing is 6,091 sqft and on a lot of 3,920 sqft (or 0.09 acres) and is 124 years old. This property was listed on 04/30/2024 and has been priced for sale at $2,000,000.

The commercial listing at 8 Cottage Street in Bar Harbor is nearby and sold for $1,800,000 on 09/11/2024.

Nearby zip codes are 04605, 04640, 04660, 04675 and 04677. This property neighbors other cities such as Gouldsboro, Hancock, Lamoine, Mount Desert and Sorrento.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Lynam Real Estate Agency

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.